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Pastimes : Pastrami on Rye -- Ignore unavailable to you. Want to Upgrade?


To: epicure who wrote (52)5/9/2007 1:34:01 PM
From: Mike McFarland  Read Replies (1) | Respond to of 379
 
With the exception of Infinity (which has enough cash
to go a few years) a year from now the names and symbols
will have changed--but I will keep a lazy eye out for bargains.

I have said this half a dozen times on SI:
Microcap biotech would make a great trivia board game
(at least for the ten or twenty folks on SI that follow it).
Trivia for the day:
In early 2000 Creative BioMolecules merged with Ontogeny and
Reprogenesis to form Curis. They've probably burned through
several hundred million dollars since. Could be interesting
going forward however, but who can say.
google.com
curis.com



To: epicure who wrote (52)5/28/2007 1:26:32 AM
From: average joe  Read Replies (1) | Respond to of 379
 
cnq.ca

I'm showing this one to you cuz I know you won't buy it and 10 months from now I can rub it in... ha ha ha



To: epicure who wrote (52)3/11/2008 2:59:29 AM
From: Mike McFarland  Read Replies (2) | Respond to of 379
 
<I want Curis to go to a buck>

cris was off 20% on Monday, to $1.15. After trading through
the fall around a buck a share it rose to a buck and a half
and now looks poised to go back to a buck.

Gene Logic is well below that one dollar target, halved
since then, the new symbol is ORXE and it has traded down
to 50 cents a share on Monday. I've not been averaging
down on my position--which is trivial at this price.
I once sold a microcap biotech at 50 cents a share, half
my position in fact, then watched it go up to $4, where
I sold out, then watched it go to $40. But that was then
and this is now--I am not optimistic now.

ANDS has also been halved since I mentioned it.
INFI is around $7, but it may yet fall to $5,
who can say.

fwiw, I'm 99% cash. I think there are better stocks to
own than this bunch that I have followed, microcap
biotechs that trade below book have not done well for me.
A couple dozen biotechs trade below cash now, but they might
not be worth buying just coz they're cheap (no kidding, heh).
Other biotechs may be worth a look.

I may buy a mutual fund this spring, maybe a growth or
tech fund. I've considered RYJUX from time to time,
it may be worth a look soon.